Broadcast-streaming. In a blow to Comcast, the US Department of Justice has waived through the Disney deal, on condition that it divests of 22 sports networks owned by Fox. Competition clearance will still be required in other jurisdictions, but this clears a major hurdle. It is believed that Comcast is getting ready to make a new offer, possibly backed by another media group or private equity firm. But the smart money is firmly back on Disney. With so much media up for grabs in the coming race for global streaming dominance, though, the fallout from Disney-Fox-Comcast seems sure to include the loser splashing out on other media companies – in the US or Europe. It’s hardly begun.
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